Pittsburgh-based Railroad Development Corp. (RDC) confirmed Wednesday, Dec. 4, 2013, that it had been paid the full $14.6 million awarded in its six-year international arbitration against the Republic of Guatemala brought under the Dominican Republic-Central America Free Trade Agreement (CAFTA).
The American Railway Engineering and Maintenance-of-Way Association (AREMA) is inviting "all interested parties to submit Papers on subjects of interest to the railway engineering community to be considered for publication and/or presentation at the AREMA 2014 Annual Conference & Exposition in Chicago," but the deadline is Friday, Dec. 13, 2013.
MTA is readying infrastructure additions; continuing to repair, upgrade, and harden existing facilities; and acquiring new rolling stock, all in order to meet increasing passenger demand.
Siemens Rail Systems and Cummins jointly announced a partnership on Dec. 3, 2013 that they said "will bring one of the most modern and efficient passenger rail, diesel-electric locomotives in the world to the U.S. marketplace."
Saudi Railways Organization (SRO) has awarded FreightCar America a $67 million contract to supply 500 freight cars, including cement, cereal, limestone, and ballast hoppers.
CN has announced a program to acquire additional monitoring equipment to enhance its strong technological base for early detection of defects.
Passenger rail supporters looking long-range on a post-Thanksgiving Monday morning aren't ignoring the latest obstacle confronting California high speed rail, nor are they oblivious to the Metro-North accident fatalities of Dec. 1, 2013. But many are focusing on a political mashup courtesy of an anti-rail mayor who assumed his role in Cincinnati the same day. And they're offering financial support to counter that stance.
Canadian Pacific has announced that Bart Demosky has been appointed Executive Vice-President and Chief Financial Officer, effective Dec. 28, 2013.
U.S. rail traffic maintained its upward momentum during the week ending Nov. 23, 2013, the Association of American Railroads reported Wednesday, Nov. 27, though the 2012 Thanksgiving Day holiday played a role in the 2012 data.
Rep. Robert E. Andrews (D-N.J.) has introduced a bill calling for independent oversight of railroads and particularly railroad infrastructure, arguing that U.S. freight railroads aren't pursuing adequate safety measures.